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Please show work. thank you. Given a discount rate of 5.6 percent per year, what is the value at Year 0 of a perpetual stream

image text in transcribedPlease show work. thank you.

Given a discount rate of 5.6 percent per year, what is the value at Year 0 of a perpetual stream of $4,000 annual payments (cash inflows) that begins at Year 0 and grows at a rate of 3 percent for all the subsequent years

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